Otter Media Purchased by AT&T

It was announced yesterday via various industrytrades that Otter Media had been purchased in whole by the telecom giant, AT&T.

AT&T previously co-owned the company in a joint venture along with The Chernin Group. This is something that has been rumored for quite a while now, but the deal was finalized this week.

Now, why should you care about this? Because Otter Media is the parent company of Crunchyroll, VRV, Rooster Teeth, Ellation, and Fullscreen.

According to the announcement, Otter CEO Ton Goncalves will keep his job and report to WarnerMedia CEO John Stankey from this point forward.

It’s absolutely impossible to predict what this means for fans and Crunchyroll in general, so I won’t speculate here. This could end up being absolutely nothing in the long run and might not even be detectable to fans from this point forward. At least that’s my sincere hope.